News for hackers. Stuff that matters.

A comment on Supreme Court rules to uphold TikTok ban, setting stage for shutdown. Parent comment

Re:Supreme Court rules to uphold TikTok ban, setting stage f... by swatcoder on Friday January 17, 2025 @12:15PM (#42740606)
That certainly plays some role in why domestic social media companies haven't stirred up resistance to the ban, but is more like #50 in terms of geopolitical strategy.

The domestic companies lost some attention share to TikTok sure, and a ban or domestic sale would generally be in their interests, but it's not like they were about to be Myspaced. They've remained among the most valued companies -- presently and in forecasts -- even while it was "eating their lunch"

[ Parent | on HN ]
Re:Supreme Court rules to uphold TikTok ban, setting stage f... by xnx on Friday January 17, 2025 @12:21PM (#42740693)
> it's not like they were about to be Myspaced. They've remained among the most valued companies

It hasn't been an overnight switch, but the trajectory did not look good for US companies. TikTok was even eating into TV viewing time. There's a fixed amount of attention and TikTok was vacuuming it up from everywhere.

[ Parent | on HN ]